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LAS VEGAS—One source we recently spoke with says we are about two to three quarters away from retailer bankruptcies beginning to impact retail real estate and mortgages.
SAN FRANCISCO—Pacific Heights boutique condos, 1450 Franklin, has sold more than 70% of its residences just weeks after its grand opening and move-ins are beginning in mid-June for 855 Brannan.
LOS ANGELES—Demographics and other factors that favor seniors housing "will continue to drive investment into the sector in 2017," says CBRE's Jeanete Rice.
WHIPPANY, NJ—"We recognized The Crossings is a great example of a property that could be modernized through strategic investment into improvements,” says Stephen Card, principal and Mid-Atlantic regional director for Rubenstein Partners. “We are incredibly proud of the outcome and our ability to attract a global organization like Barclays Capital.”
SAN DIEGO—While multifamily construction is definitely up from the recession years, the new supply being delivered annually is not meeting demand, requiring more cooperation between developers and municipalities, JLL's Darcy Miramontes tells GlobeSt.com.
LOS ANGELES—Industry veteran moves to Colliers International as senior managing director, where he will oversee the company's Los Angeles growth plans.